Over $100M was exploited on Balancer, which shows even an OG DeFi Protocol can break.
It has been live since 2020 with multiple versions across chains and it still faced a major incident.
Audits by OpenZeppelin, Trail of Bits, and Certora on the Vault and pool logic lowered risk but did not remove it.
Balancer underpins protocols like Gyroscope, Aura, and LST markets, so failure can cascade through the stack.
If this can happen to Balancer, the random new DeFi protocol you are farming likely has less security, so size your exposure accordingly.
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